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of finance jeremy siegel and trusted american businessman steve forbes. both onset and ready to start this discussion at 6:00. first, though, andrew has a few of the top business headlines. >>> let's talk about some of the headlines this morning. cisco systems buying cloud network start up meraki for $1.2 billion in cash. it was founded in 2006 by members of m.i.t.'s laboratory for computer science. joe, i don't know if you take credit for any of that. bp plans to spend up to $5.9 billion buying back stock. last week the oil giant agreed to pay record criminal penalties over the deepwater horizon disaster. and americans are carrying more credit card debt and being less diligent about making on time payments. trans union now reporting that average credit card debt for borrowers grew 4.9% in the third quarter and meantime the rate of credit card payments at least 93 days overdue rose slightly to three quarters of a percent. this is still a historically low level suggesting most card holders prioritize card payments over other financial obligations such as a mortgage. and attention twink
to steve, who knows? >>> good morning in san francisco, driving touchdown town area, if you are driving to the bridge, there is a little bit of a backup, there may be outside cash lanes, let's go back to the desk. >>> happening now, there may be a positive development at the grocery stores, negotiations with management are set to resume in just a few hours, joining us from alameda, what is going on, alex? >>> there is a sense of frustration where you can see a handful of workers are out here braving some cold temperatures. they have a little bond fire so they can stay warm this morning. they are excited because talks picked back up between management and 7500 grocery workers across california. they will be going back to the bargaining table at 9:00 this morning. both sides have agreed not to discuss in detail the ongoing negotiations but workers walked off the job weeks ago. this dispute centers around wage freezes and benefit cuts and this morning picketers will bring renewed talks on a new contract. >> hopefully it will get down in a couple of days. we are here for the long hall, wha
much -- melissa: here comes the cleft. lori: steve versus steve, microsoft's ceo steve ballmer and windows chief steve singofski. 23 america south veteran coming. let's take a look at some movers in today's session, the doubt 33. some as the movers, southwestern energy, 6.7% gain, western union, all topping 3%. lori: quiet day for the markets but let's check to see what stocks are up to. let's head to the floor of the new york stock exchange with nicole petallides. bank ceos are talking fiscal cliff. nicole, are you there for us? she is busy studying for the next report. let's get you updated on the markets. the dow is at 12,847 meeting in washington that charlie was talking about. melissa: that's right. about a quarter of a percent there on the markets. so after a 23 year career with microsoft, windows chief abruptly quicks only two weeks after the windows 8 launch. joining me with more an analyst on his sudden departure. did this one catch you by surprise? >> sure. whenever you see a departure of that senority that magnitude, particularly after launch of some important produc
to seek some sort of compromise. >> it sounds so reasonable. let's bring in steve warren. he's an editor at the wall street journal, a conservative. steven, do you agree, are the republicans ready to strike a deal with the president if it means giving up the bush tax cuts for the wealthy? they have dug in on this. >> i don't know, ali. i listen to this conversation and i feel like i'm living in france. i see no economic wisdom in raising tax rates in an economy that is so fragile right now and a recovery that looks like it's losing steam. you saw what happened with the unemployment numbers this week. now, some of that was due to the storm, but this is not an economy that's kicking on all cylinders. it's barely kicking on one cylinder. what i don't understand about what you and mohammad are saying is how in the world do you get the economy to grow faster if you're going to raise tax on businesses f you're going to raise tax on investments -- >> the issue is compared to what. >> exactly. >> you don't want taxes on the rich to go up. compared to the risk of a fiscal cliff, do you think repu
>> steve: reportedly no drugs at home. that's why he was able to send us an e-mail picture for us. congratulations. >> brian: and make sure you watch the show tomorrow. among our great guests, curt bush. that's susan boyle. bill: here we go. a fox news exclusive. former cia director david petraeus who resigned friday after acknowledging the extramarital affair with his biographer has agreed to testify voluntarily before the house and senate intelligence committee. prior to his resignation he had been scheduled to testify about the scandal in benghazi, libya where the ambassador and three other americans were killed. that was initially blamed on a spontaneous demonstration over a film, a mob. he has contacted the cia as well as committees in the house and senate to offer his testimony meanwhile, new questions on whether or not general petraeus told everything that he knew on benghazi the first time he sat down for testimony. that would have been three days after the attack on the 14th of september. so good morning. a lot to chew on. we'll connect all the dots. i'm bill hemmer. good
. bill: in 30 minutes, what would steve forbes do? martha: that's a question i always ask myself. in this situation, what would steve forbes do? pill * these are big, big issues and negotiations will go late into the night. we'll get steve's take coming up on that. martha: an investigation is underway after a small plane carrying three pilots crashed into a neighborhood. what witnesses heard and saw there. bill: there were serious questions about eric holder and the petraeus affair. why didn't he tell the white house any sooner? >> lawmakers want to know in terms of when petraeus found out. he was under investigation. has it had any impact on the comments he made to senators about benghazi and what he knew? we just learned general petraeus says he does want to testify about benghazi. more in a moment. >> you can't get to the bottom of benghazi without him testifying. i want to hear from him what he knew before, during and after the attack. there is nyoo substitute for his testimony in my view. structured settlements. the experts at imperial can convert your long-term payout into
the other side. i think you're more with steve on this. do you think that maybe there's a little bit of slowing but it's a huge opportunity? >> well, for me, we're seeing the worst is behind us. i think q3 data have shown to us the trade volumes, the in and outs recovering from our perspective, our ships are looking well. you look at our ships 95% fully laden from asia to europe, frankly, at this point in time our ships are 100% fully laden, and people have to understand that we talk about international trades, with he talk about value. for our business we talk about the volume. value is one thing but volume is another thing, and during good times, frankly speaking probably you know, goods are more valuable, probably value is good, and in bad times people will take for more high value commodities, gifts to low value, but potentially more volume-driven commodities, we're seeing the consumers shift in more and more towards low end consumer products. i think you see that from walmart, from jcpenney, on the show about ten minutes ago. so those things are happening. that's the fundamental
morning november 13th, steve paulson is looking at our weather, rain coming? >> well, we are looking at sunshine and warmer temperatures, everything but a few high clouds is heading up and over, and that's a 70 by san jose, here is sal. >>> traffic is doing well, here is sal. >>> if you are stating off very early we think you will have a reward for that, here is sal. >>> traffic continues to look good if you are driving 80s on westbound. >>> and traffic is moving along nicely coming into san
yet be more twists in the plot. steve kingston, "bbc news," washington. >> for more, i am joined by a senior correspondent for national journal. thank you for coming in. is this what this is really all about. it sounds like a soap opera. there is sex involved, and that is why we are interested in it, or is there more to it? does it matter? >> it sounds like an august scandal in washington where congress is out and they are looking for something to cover. it is november this time. i think that it could be what you see on the surface, which is some people giving into temptation in high places. the mighty have fallen. but if it puts a lot of tension between the f.b.i. and the c.i.a., which they have always had a lot of tension between those two anyway, if you have the white house and congress disagreeing about the time line and who knew what when, this could have a lot of legs. it could be unfortunate for a president just starting out a second term. >> if this really was not an issue of national security but just an affair between two consenting adults, then the f.b.i., there they a
reasons for his departure. some reports say san nof ski may have had troubles in his relations with steve ballmer and other executives. in his statement, the 47-year-old executive thanked for what he called the countless blessings he received at microsoft. he also expressed his appreciation for the professionalism of workers at the company. san nof ski led the development of the surface tablet as well as windows 8. he was seen as a candidate for ceo in the future. >>> now, let's get a check on the markets. european shares are traceding lower. here is a picture of how the benchmarks are performing now. we're seeing losses across the board down about 1%. london ftse 100 is down about .9%. and the dax down about 1%. and in paris, the crack 40 is down by 1%. investors are becoming less willing to take risk because a decision on the bailout fund for greece has been put off till next week. in tokyo the nikkei extended losses to seven days. chinese stocks were treated because of fierce that the on going communist party congress would make little change in economic policies. let's have a look at
a critical mass when you have the front man of a well known band talking about sequestration. >> steve jobs, there were very few people he believed in. but the one guy he always wanted in his corner was bono. he wanted him in his economic segment because he's so smart. >> have you ever met him. >> no. >> i have. >> you have? >> i met him up in dabos. >> partied with him? >> it was a late night. but we just spent a little time with him and i was with andrew sorken, he said can we do lunch sometime? can i get your number? he said i'll find you. >> i can't believe you just gave that on air. that's great. >> that's my new one. >> the big news, was he found? >> i don't know. >> we got to get andrew on the show now. >> maybe he'll phone in. >> get an update. >>> today on the closing bell the two men behind simpson bowls deficit reduction plan which has been touted as the answer to the fiscal cliff. >> meantime, duelling earnings from discount retail rivals walmart versus target. which store chain is your best bet as we go into the holiday shopping season. but first -- >> coming up, investigating
. they could not celebrate this success without the leadership of steve israel, the chair. when i asked him to take this responsibility to serve our country and colleagues, i i said to all of you that he is a gold standard of a member of congress. he knows the policy. he cares about american people. that drives him to do the politics to increase our numbers to pass legislation that takes us for to improve the lives of americans. before i bring him on, i wanted to have a representative of the freshman class to speak on behalf of the class. i am very honored to welcome a fighter for the middle class, a real representative of his generation, congressman alec patrick murphy. his election is a cuase for celebration. his election sends the message to a new generation of americans that their voices will be heard at the table. congratulations, congressman a -elect, patch of mercy. -- patrick murphy. >> thank you for your leadership and for being here with us. thank you for your support. my name is patrick murphy from florida district 18. the youngest member of congress. i did defeatists someone you
to break the pledge next. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nea
by judy garland went for $480,000. steve mcqueen's racing jacket went for $50,000. christopher reeves outfit also sold. >>> it is 5:55. next half hour, huge milestone for the bay bridge. >> and the petraeus resignation, how it's affecting a major hearing on libya later this week. >> reporter: and we are entering week two of the raliy's strike. new developments coming up. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get a free wireless receiver with a qualifying u-verse plan. rethink possible. >>> you're watching cbs5 eyewitness news this morning. >> workers back on the picket line this morning, why there's hope before the holiday shopping season. >>> and
here in this area either. charles: right. >> but also, steve, when they send the money to federal government, it comes back, they squander it. they use it to fill budget gaps. they don't use the money in a preventive manner, and then we have this problem with infrastructure. the real infrastructure problem is responsibility by the politicians at the local level. >> nobody hands out ribbons or awards if you do things like build storm surge barriers. instead they hand out ribbons and rewards when you do things like build -- charles: essentially what you are saying steven is we can't trust the local authorities because they will attempt to buy votes with that money instead of using it for the right thing? >> after the fact we can demand, after the fact. charles: president obama's green energy policies could end up killing the coal industry. here in the united states thousands of jobs have already been lost because of new regulation. ohio could be hit hardest. that's next. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrie
. we'll see. >> thank you for being here, steve. thank you. hand out a pin to everyone you know. join us tomorrow. "squawk on the street" begins right now. >> markets waking up to the first full day of business after yesterday's holiday and the news flows back in full swing. good morning. welcome to "squawk on the street." i'm carl quintanilla along with melissa lee, jim cramer, david faber live at the new york stock exchange. futures in the red on cautious commentary from some retailers. management shake-up at microsoft and weak german business sentiment and this prolonged spat between the eu and imf over how to reduce greek debt. a beat and raise for the quarter for home depot. >> the man in charge of whippedos eat leaves microsoft just weeks after the product launches. >> jcpenney hits new lows. investors have to recognize that jcp is really two companies. we'll hear what he told becky, andrew and joe. >> lockup of all facebook shares tomorrow. >> first up, shares of home depot rising in free market pchlt home improvement retailer earned 75% a share in the quarter. that beat estima
, steve? >> is this japan? >> they shouldn't be increasing the quota? >> why? >> because they have no idea about the stocks. they try to pretend there's one stock in the mediterranean, one stock in the atlantic, they have no idea. it's bad data leading to bad decision. >> if earn to take this conversation, you know what it would lead to? the tragedy of the commons. >> good point. >> when there's ownership of something, you conserve. when anybody -- everybody going after the same thing, they figure if i don't do it, somebody else is going to do it. if you own timber, every time you take down a tree, you plant two more. >> much better about protecting the resource and the europeans contend they have their own stock. but we've shown through the tagging data that these fish go across the mediterranean to the atlantic, up and down the coast, it's an extraordinary fish, a good one to preserve. >> okay. >> okay. >> let's go back to steve since you're there. you've got an interesting report, and i promise you i'll be listening very carefully about the fiscal cliff and who is going to be impacted.
credit for server business. otellini a long line of good professionals. as steve jobs said you can't deal with them. they're too slow. they're too big. and you rather deal with someone in a quick fashion like samsung. >> a company in 45-year history proved itself adept at reinventing itself when it needs to. >> i wouldn't sell stock on this. intel is cheap. i would not sell the stock on this. >> still has exact problems it had before and the fact that he's going to stay on for some time for there to be a transition to be well in place seems to be a good sign. contrast trading of intel, it's not a bad print but contrast it to the way the rest of the group is trading. we've seen very sharp gains in the likes of the texas semi. arms holding hit a 52-week high and philadelphia semiconductor business is higher by 1.5%. intel is a lagger. >> intel will consider external candidates as well. doesn't mean they will not promote from within. this is a company that's typically promoting. >> always promoting from within from its founding. >> interesting to note in the press release they are going to c
. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba a diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being rdy, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. which isn't rocket science. you know it can be hard to lbrthe, and how that feels. me, copd includes chronic bronchitis and emphysema. by keeping my airways spiriva helps control my copd symptoms open for 24 hours. plus, it reducesopd flare-ups. spiriva is the onlnly once-daiy inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiri
the bell." [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with dden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. david: the market was not looking too good, let's go back and see how the s&p futures are closing right now. with us at the cme group, what does it look like? >> we rallied back a couple of points. the s&p future closing down 650, when we last looked down 850. the nasdaq futures are rallying a little bit based on the news. little firmer close. market overall and little firmer. david: thank goodness for cisco. they helped the market. shares of advanced micro devices searching after reports of hiring jpmorgan to explore what options they have. back to the floor the new york stock exchange. one of those options we heard dealt with inte
? the answer is different groups will be affected very differently. steve liesman has more on the numbers. >> what we do know is if we go over the cliff, no change in what is mandated by those rules. everybody will pay more. we've divided up the country into quintiles, one-fifth, one-fifth, one-fifth. here's what happens with the cliff. for the lowest they go up by 3.7%, second 4.1%. if you're in the middle, where most people are, up 3.8% all the way to the top, 5.8%. what about the top 1%? their numbers go up by 7.2%. here's a way to think about it. this is what thelma and louise would pay extra if they went over the cliff. here's what mr. thurston howell would pay if they went over the cliff. let's take a look at the actual dollar values beyond percentage points. we know we have health care law taking effect and that will only affect the top fifth. here's your dollar values for the income bracket ets is. add on the amt, when they expire, get rid of the bush tax cuts. for the wealthy, a big chunk. it goes down to the second quintile. we get rid of some payroll tax cuts. down the line f y
a lot more of that. >> okay. steve, do you have anything to add to that? >> i will go quickly. my name is anna from the dallas-fort worth world affairs council. i teach seniors, so i have been facebooking for the conference and the ask questions and i answer back and i've already scanned my notes. the point is they want to know for this -- right now because they are on line with the -- should they be optimistic? they're very scared, the class of 2013. what can i pass on to them about economic competitiveness and they should be optimistic or worried? >> great question from the seniors. okay, steve. slingbox >> notwithstanding everything i said before -- [laughter] i'm actually optimistic. i'm optimistic because heidi ticked off a number of these before in a slightly different context. we have the most flexible economy in the world. we have this incredibly diverse labor force and a diverse group of people in this country that come here because the opportunity. there aren't that many people that leave america to go all these other places that we worry about being more competitive than we
with a concussion. j cutler. >> the loss angeles lakers fired their coach. they hired steve nash as old coach from phoenix to mike antoni. phil jackson was considered however he wanted to much. >> thank you mark. it is five:06. the fed over a longer war be closed today for veterans thfederal governmee closed for veterans day. the u.s. postal service banks the dmv and some schools and libraries will be closed today. schools are not required to close check with your schools to see if your child has the day off. >> let us take a live look at the golden gate bridge this morning as we follow the weather. it is cold out there. let us check out the temperature is currently in santa rosa. 40 degrees. will rank about 23 degrees for about a high of 62 we will be right back. it was cold this morning with temperatures in to the third is. this afternoon we will see sunshine. high clouds in the distance. we will have clouds the to our north. tomorrow will be one of them compare to what we saw this weekend. we will still be on the cooler side but we will see a good mix in the '60s. looking ahead we do have wet w
the general's former spokesma retired colonel steve boylan told abc the affair began then, after he had left the army which strictly for bids adultery. >> this all started about two months after he was in the c.i.a. as the director and just so you know it alsonded about four months ago. he deeply hurt the family. he knows that. he acknowledges it. right now his whole focus is going to be geared towards taking care of the family and getting through this. >> brown: it's been widely reported that the affair was uncovered during an f.b.i. investigation prompted by 37-year-old jill kelly of tampa, florida. a friend of the petraeus family. the general's former associates insist there was no romantic involvement between them. even so according to news accounts, kelly began getting threatening emails from broadwell. the f.b.i. started investigating last summer and turned up evidence of the petraeus-broadwell affair. that in turn raised questions of a possible security breach. intelligence officials say the justice department informed national intelligence director james clapper last week on election
may raise concerns about the success of windows 8 and his relationship with steve balmer. microsoft's gaining business has scored another hit, halo 4 racked up $220 million on launch day last tuesday. activision's call of duty black ops 2 goes on on sale today. i know i'll be first in line for that one. this of course as sky fall the latest installment of the james bond franchise just had the best opening weekend of any bond movie ever. so it appears a good weekend for bond still pails in comparison to cinema. so e-mail us your thoughts. worldwide@cnbc.com. @cnbcwex. is it call of duty or sky fall? ross, i have a feeling i i know which one you'll be in line for. >> i like all of those. still to come, italy's three biggest banks due to report later today with debt costs lower than earlier in the year. finally a collapse to focus on profitability. we'll get answers from milan after the break. i'm freaking out man. he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a killer investing dashboard. everything is on one page. i'm watching you. oh yeah?
to immigration. >> i was an immigration lawyer for 15 years, so as a conservative voice i understand what steve is saying, but i think we have to realize as republican party that we're never going to be a majority party if we don't figure out a way to reach to the hispanic, to reach the hispanic community. so we have defined what i call, and i been talking about this for two years but where to find a conservative consensus on immigration. we have to figure out how steve and i are going to sit and agree on a bill, and people at this table that will actually do something about a broken immigration system. one of the biggest things can service talk about often is that we want to fix a broken government. well, if you know anything about immigration law, the immigration system is absolutely broken in the united states. we need to get away that people can come to the united states to a legal system. we have to do something about border protection, i'm a big fan doing something with e-verify. all those things we have to do, but at the same time we have to forget what we pashtun we can't keep punting t
. here is a quote we got from steve ballmer "it is imperative that we continue to drive a lineman across all microsoft aims and have more integrated and rapid development cycles for our offspring." investors do not like the departure, but will the microsoft company be able to recover. back to you. connell: that is very good, adam. i guess we will cross them off as our future ceos of microsoft. dagen: new york residents are fed up with the utility companies quick response. they are taking action themselves. connell: another day, another title for apple. that tech giant is even meeting tiffany in the ranks. dagen: timothy burns -- ken burns will be here. and how the history of sex this year's election people worried about the -- not even close. ♪ i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sur but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every
advice. call or visit us online. we're ready to help. >>> steve jobs stood for thermal nuclear war to protect its company. but as apple settles, is it a new stance under tim cook? tony joins us to talk about it. >> good morning. >> are we getting less lit ijous and what does that mean? >> tim cook said he would favor to settle rather than battle in courts going forward assuming they could find conditions for settlement that were appropriate. it's important to remember that htc is a relatively small player in the larger smartphone market and accordingly in the patent wars. i think what we saw here were apple saying we got to concentrate where our firepower is going to be. htc is offering a settlement that seems reasonable and it doesn't make sense for us to continue to divert our energies in doing so. i think that's why we have the settlement with htc. >> this just allows them more energy with which to step on the gas when it comes to samsung? >> well, i think you could certainly view it that way. i also think you could view it as when conditions are in place that apple feels are ac
. you can call in with your questions to steve latourette, a member of the appropriations committee. rep raul grijalva and jason dick. live at 7:00 a.m. eastern. at going senate budget committee chairman kent conrad sent a final deficit reduction plan would total about $5 trillion. >> red carpet interviews with nonfiction finalists. all online live tomorrow at 6:00 p.m. eastern. add your comments about the evening. >>he said building in medicare eligibility age in changing the formula for social security benefits could be part of the final deal. his remarks and the wall street journal's annual ceo council meeting are about 25 minutes. >> if there has been -- one of the most constructive conversation that has taken place in congress in the last couple of years has been a group of senators called the gang of six. we invited all six but due to various scheduling conflicts, we got one. senator kent conrad. they are negotiating in the back room. i would also point out senator kent conrad has been budget committee chairman and is retiring at the end of this year. senator, great to have you her
security team. here is what steve tweets -- morris in san diego and joins us now, a republican color. caller: i have no confidence whatsoever in this national security team. i have less confidence a denture the president. i think this whole thing leads right to the white house. write to the oval office. president obama has made some statements already there are so contradictory there is no way he can explain the contradiction of his comments. you talk about a transparent administration -- yes, there are transparent. you can see right through them. there are as corrupt as any i have seen. i think this will lead to impeachment. i think he will be convicted of it as well. host: here is what bill says on twitter. charlie on the independent line. caller: i am not happy with senator mccain. he lost the election. he is still trying to get even for their loss of the election. he is a great supporter of our country attacking iran. how many soldiers and how many people will get killed because of the disaster that would be if we got involved in iran. he should be one of the people doing the new
house in beverly hills. items from marilyn monroe, steve mcqueen and julie andrews were also sold. for an expanded look at all of our top stories, head to our blog, cnn.com/earlystart. >>> a look ahead to the opening bell on wall street, after what was a really rough week for your 401(k). i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares b
better in this business than what les has done at cbs and steve burke doing a great job at nbc universal and bob eiger. you have great people running the broadcast networks, facing an issue, viewership is changing and this is where i think it's an advantage for us. people watch broadcast networks for shows and people watch cable networks because they like the brand and they feel that that channels where they want to hang around. discovery on friday night we're the number one network in america for men. we even beat the broadcasters with "gold rush" and "jungle gold." if you ask people why they turn to discovery they get home, have dinner with their kids and then what do they want to watch? they don't turn to us for a show, they turn to us because they feel like that's my channel, same for tlc, on friday nights with women, we're number one and we're also number one on sunday nights with women. if you ask our audience, when you watch tlc, name the shows you're watching. they can name only one or two, and so the cable business has this great trend of viewership. people moved away from wanti
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